Common use of Trustee’s Reliance Clause in Contracts

Trustee’s Reliance. The Trustee may rely and act upon any certificate, notice or direction of the Plan Administrator or the Committee, or of a person authorized to act on its behalf, or of the Company or of an Investment Manager which the Trustee believes to be genuine and to have been signed by the person or persons duly authorized to sign such certificate, notice, or direction.

Appears in 3 contracts

Samples: Trust Agreement (Warwick Community Bancorp Inc), Trust Agreement (RFS Bancorp Inc), Trust Agreement (Big Foot Financial Corp)

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Trustee’s Reliance. The Trustee may rely and act upon any certificate, notice or direction of the Plan Administrator or the CommitteeCompany, Administrator, investment manager, or of a person authorized to act on its behalfbehalf of such person, or of the Company or of an Investment Manager which that the Trustee reasonably believes to be genuine and to have been signed by the person or persons duly authorized to sign such certificate, noticenotice or direction until otherwise notified in writing. Employee may provide recommendations to the Company as to the investments held by the Trust; however, or directionthe Company is under no obligation to invest Trust assets according to the Employee's recommendations.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Aflac Inc)

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